Question: Future valuesFor the case shown in the following table, calculate the future value of the single cash flow deposited today and held until the end
Future valuesFor the case shown in the following table, calculate the future value of the single cash flow deposited today and held until the end of the deposit period if the interest is compounded annually at the rate specified.
SINGLE CASH FLOW: 4500
INTEREST RATE: 14%
DEPOSIT PERIOD (YEARS): 4
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